{ "ticker": { "uuid": "51f90006-9a11-4470-a136-b192cccacea6", "symbol": "XDEU", "name": "Xtrackers S&P 500 Equal Weight UCITS ETF 2D", "exchange": "LSE", "country": "GB", "assetType": "etf" }, "methodBoundary": "Trend Architecture is a weekly structural classification, not a forecast, probability of return, recommendation or execution signal. Confidence measures geometric agreement and external confirmation only.", "analysis": { "eligible": true, "as_of": "2026-08-07", "benchmark": "^FTSE", "stage": 2, "stage_name": "Advancing", "phase": "2b", "phase_label": "Stage 2B \u00b7 Advancing", "transition": "stage_2_healthy", "transition_label": "Stage 2 trend intact", "confidence": 96.0, "architecture_regime": "upward_expansion", "architecture_regime_label": "Upward Expansion", "architecture_modifier": "Established expansion", "architecture_gate": "up", "architecture_direction": 89.146, "architecture_energy": 73.218, "architecture_maturity": 53.348, "architecture_confidence": 84.504, "architecture_tenure": "Established", "architecture": { "interpretation": { "headline": "The weekly architecture is expanding upward.", "body": "Trend and Activity show sustained positive alignment with constructive price acceptance. Directional energy remains positive; cooling within this regime can indicate that it is maturing." }, "scores": { "balance": 7.14, "rotation_up": 68.08, "upward_expansion": 87.67, "deceleration": 61.89, "rotation_down": 24.26, "downward_expansion": 12.0 }, "activity_lines": [ 104.323332, 103.662545, 101.847355, 100.163198 ], "activity_state": "Wide", "activity_direction": "Contracting", "rotation_direction": "Weakening", "price_acceptance": 0.833333 }, "latest_close": 106.129997, "trend_reference": 98.3344, "distance_from_trend": 0.079276, "trend_direction": "Improving", "fair_value": 79.162695, "distance_from_fair_value": 0.340657, "fair_value_direction": "Improving", "relative_strength": 3.036734, "relative_strength_direction": "Improving", "price_momentum": 0.100972, "excess_performance": 0.049737, "evidence": [ { "label": "Price vs Trend", "positive": true, "value": 0.079276, "read": "Above" }, { "label": "Trend direction", "positive": true, "value": 0.040837, "read": "Rising" }, { "label": "Price vs current Fair Value", "positive": true, "value": 0.340657, "read": "Premium" }, { "label": "Fair Value direction", "positive": true, "value": 0.03487, "read": "Closing upward" }, { "label": "Relative Strength vs benchmark", "positive": true, "value": 0.030367, "read": "Leading" }, { "label": "Relative strength direction", "positive": true, "value": 0.015248, "read": "Improving" }, { "label": "Price momentum", "positive": true, "value": 0.100972, "read": "Positive" }, { "label": "Volume balance", "positive": true, "value": 9.181379, "read": "Demand-led" } ], "volume": { "latest": 87370, "relative_activity": 7.893501, "balance": 9.181379, "dry_up": 2.097126, "accumulation_observations": 1, "distribution_observations": 0 }, "risk": { "range_context": 0.015041, "annualized_volatility": 0.100525, "from_high_reference": -0.004035, "from_low_reference": 0.221625 }, "levels": { "trend_reference": 98.3344, "fair_value_reference": 79.162695, "structural_low": 90.507205, "invalidation": "A sustained loss of Trend, followed by flattening structure and weakening relative strength, challenges the advancing diagnosis." }, "outcomes": [ { "horizon": "Near term", "sample_count": 15, "median_return": 0.008441, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.008192, "regime_survival": 0.8, "best_return": 0.033039, "worst_return": -0.049806, "sufficient": true }, { "horizon": "Intermediate", "sample_count": 6, "median_return": 0.035393, "positive_rate": 0.833333, "directional_follow_through": 0.833333, "median_excess_return": -0.019659, "regime_survival": 0.666667, "best_return": 0.067779, "worst_return": -0.056437, "sufficient": true }, { "horizon": "Extended", "sample_count": 3, "median_return": 0.083964, "positive_rate": 0.666667, "directional_follow_through": 0.666667, "median_excess_return": -0.048957, "regime_survival": 0.666667, "best_return": 0.089297, "worst_return": -0.011422, "sufficient": false }, { "horizon": "Full cycle", "sample_count": 1, "median_return": 0.097244, "positive_rate": 1.0, "directional_follow_through": 1.0, "median_excess_return": -0.024862, "regime_survival": 1.0, "best_return": 0.097244, "worst_return": 0.097244, "sufficient": false } ], "ledger": [ { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2024-09-13", "end": "2024-12-27", "tenure": "Established", "return": 0.017251, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-01-03", "end": "2025-03-14", "tenure": "Developing", "return": -0.022851, "active": false }, { "regime": "rotation_down", "label": "Rotation Down", "color": "orange", "start": "2025-03-21", "end": "2025-03-28", "tenure": "New", "return": -0.005633, "active": false }, { "regime": "downward_expansion", "label": "Downward Expansion", "color": "red", "start": "2025-04-04", "end": "2025-05-23", "tenure": "Developing", "return": 0.083346, "active": false }, { "regime": "balance", "label": "Balance", "color": "blue", "start": "2025-05-30", "end": "2025-06-06", "tenure": "New", "return": 0.0121, "active": false }, { "regime": "rotation_up", "label": "Rotation Up", "color": "teal", "start": "2025-06-13", "end": "2025-07-11", "tenure": "Developing", "return": 0.034589, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-07-18", "end": "2025-10-31", "tenure": "Established", "return": 0.022354, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2025-11-07", "end": "2025-12-05", "tenure": "Developing", "return": 0.036051, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2025-12-12", "end": "2026-03-13", "tenure": "Established", "return": 0.004382, "active": false }, { "regime": "deceleration", "label": "Deceleration", "color": "amber", "start": "2026-03-20", "end": "2026-04-24", "tenure": "Developing", "return": 0.056972, "active": false }, { "regime": "upward_expansion", "label": "Upward Expansion", "color": "green", "start": "2026-05-01", "end": "2026-08-07", "tenure": "Established", "return": 0.084166, "active": true } ], "chart_path": [ { "date": "2023-08-18", "close": 53.261265, "volume": 8579, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-08-25", "close": 53.906067, "volume": 6971, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-01", "close": 55.085938, "volume": 2535, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-08", "close": 54.675133, "volume": 6801, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-15", "close": 55.038166, "volume": 4823, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-22", "close": 54.230896, "volume": 3751, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-09-29", "close": 54.140133, "volume": 5393, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-06", "close": 52.621113, "volume": 3345, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-13", "close": 53.54303, "volume": 3117, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-20", "close": 52.391827, "volume": 5569, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-10-27", "close": 51.412582, "volume": 5279, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-03", "close": 53.094009, "volume": 4516, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-10", "close": 52.926826, "volume": 8716, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-17", "close": 54.10638, "volume": 14419, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-11-24", "close": 53.952778, "volume": 6594, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-01", "close": 54.672791, "volume": 5532, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-08", "close": 55.483997, "volume": 4678, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-15", "close": 57.178429, "volume": 8065, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-22", "close": 57.197628, "volume": 3900, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2023-12-29", "close": 57.826439, "volume": 2232, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-05", "close": 56.919228, "volume": 9227, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-12", "close": 56.880814, "volume": 7273, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-19", "close": 56.789623, "volume": 9869, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-01-26", "close": 57.634434, "volume": 11929, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-02", "close": 58.008839, "volume": 16361, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-09", "close": 58.244041, "volume": 18879, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-16", "close": 59.453659, "volume": 15825, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-02-23", "close": 59.606312, "volume": 22108, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-01", "close": 60.21682, "volume": 62948, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-08", "close": 60.173214, "volume": 48697, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-15", "close": 60.100536, "volume": 81513, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-22", "close": 61.898129, "volume": 44737, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-03-29", "close": 62.644295, "volume": 30441, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-05", "close": 61.534729, "volume": 26050, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-12", "close": 61.210102, "volume": 9428, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-19", "close": 60.231358, "volume": 15044, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-04-26", "close": 60.9533, "volume": 25932, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-03", "close": 60.468777, "volume": 21716, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-10", "close": 61.98534, "volume": 16990, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-17", "close": 61.699463, "volume": 34118, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-24", "close": 60.95052, "volume": 14836, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-05-31", "close": 60.186398, "volume": 10478, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-07", "close": 60.624428, "volume": 10961, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-14", "close": 60.244793, "volume": 15179, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-21", "close": 61.169544, "volume": 17895, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-06-28", "close": 61.179279, "volume": 18204, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-05", "close": 59.782421, "volume": 16042, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-12", "close": 61.043003, "volume": 11562, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-19", "close": 61.120872, "volume": 17582, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-07-26", "close": 61.860664, "volume": 15366, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-02", "close": 77.56189, "volume": 4778, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-09", "close": 77.999924, "volume": 5394, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-16", "close": 79.94677, "volume": 326, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-23", "close": 81.828842, "volume": 1239, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-08-30", "close": 81.833733, "volume": 5859, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-06", "close": 80.124596, "volume": 462, "typical_volume": null, "trend": null, "fair_value": null, "relative_strength": null, "stage": null, "regime": null, "modifier": null, "gate": null, "direction": null, "energy": null, "activity_lines": [ null, null, null, null ] }, { "date": "2024-09-13", "close": 82.029068, "volume": 1253, "typical_volume": 12012.0, "trend": 65.406971, "fair_value": 58.73673, "relative_strength": 28.070162, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.669703, "energy": 79.332268, "activity_lines": [ 81.316625, 78.503243, 71.946181, 68.824642 ] }, { "date": "2024-09-20", "close": 83.035019, "volume": 944, "typical_volume": 10973.4, "trend": 66.187928, "fair_value": 59.036709, "relative_strength": 29.34563, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 77.409123, "energy": 71.559444, "activity_lines": [ 81.944098, 80.048712, 73.408372, 69.961936 ] }, { "date": "2024-09-27", "close": 84.758804, "volume": 2864, "typical_volume": 10267.1, "trend": 67.005994, "fair_value": 59.350393, "relative_strength": 29.608976, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 82.302986, "energy": 72.921831, "activity_lines": [ 82.940282, 81.507742, 74.927274, 71.160057 ] }, { "date": "2024-10-04", "close": 83.58194, "volume": 450, "typical_volume": 8583.7, "trend": 67.786285, "fair_value": 59.642339, "relative_strength": 27.47152, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 70.120276, "energy": 68.524314, "activity_lines": [ 83.348847, 82.323017, 76.22565, 72.229473 ] }, { "date": "2024-10-11", "close": 84.739265, "volume": 1540, "typical_volume": 7918.9, "trend": 68.607576, "fair_value": 59.941112, "relative_strength": 28.651275, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 74.049828, "energy": 69.681982, "activity_lines": [ 84.02664, 82.953782, 77.530044, 73.323213 ] }, { "date": "2024-10-18", "close": 85.457115, "volume": 1697, "typical_volume": 7479.85, "trend": 69.392875, "fair_value": 60.2413, "relative_strength": 27.153432, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 76.117188, "energy": 70.07787, "activity_lines": [ 84.636072, 83.584567, 78.789525, 74.41028 ] }, { "date": "2024-10-25", "close": 84.358383, "volume": 4313, "typical_volume": 7147.45, "trend": 70.116678, "fair_value": 60.521732, "relative_strength": 26.226174, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.236264, "energy": 65.689471, "activity_lines": [ 84.650724, 83.879997, 79.824028, 75.375797 ] }, { "date": "2024-11-01", "close": 83.420792, "volume": 1725, "typical_volume": 6474.75, "trend": 70.846213, "fair_value": 60.784939, "relative_strength": 25.012985, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 67.046533, "energy": 87.809098, "activity_lines": [ 84.26462, 83.924746, 80.656218, 76.234127 ] }, { "date": "2024-11-08", "close": 86.638855, "volume": 40774, "typical_volume": 7618.7, "trend": 71.693839, "fair_value": 61.078734, "relative_strength": 30.432344, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 86.836305, "energy": 94.097964, "activity_lines": [ 85.040406, 84.525652, 81.684529, 77.253007 ] }, { "date": "2024-11-15", "close": 85.364403, "volume": 35897, "typical_volume": 8503.35, "trend": 72.531607, "fair_value": 61.351606, "relative_strength": 27.646712, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 69.239482, "energy": 86.320801, "activity_lines": [ 85.187579, 84.807473, 82.47018, 78.134979 ] }, { "date": "2024-11-22", "close": 87.279793, "volume": 22236, "typical_volume": 8813.05, "trend": 73.409156, "fair_value": 61.639697, "relative_strength": 26.390881, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 84.091824, "energy": 92.372093, "activity_lines": [ 85.931541, 85.342279, 83.323083, 79.086475 ] }, { "date": "2024-11-29", "close": 88.430977, "volume": 27198, "typical_volume": 9594.85, "trend": 74.34123, "fair_value": 61.934107, "relative_strength": 26.674812, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 85.288873, "energy": 74.180709, "activity_lines": [ 86.937718, 85.990922, 84.154682, 80.055624 ] }, { "date": "2024-12-06", "close": 87.338562, "volume": 15294, "typical_volume": 9480.45, "trend": 75.186337, "fair_value": 62.210242, "relative_strength": 23.893375, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 68.586059, "energy": 68.036102, "activity_lines": [ 87.308251, 86.342837, 84.751822, 80.894162 ] }, { "date": "2024-12-13", "close": 85.942451, "volume": 19975, "typical_volume": 9710.9, "trend": 75.994437, "fair_value": 62.465427, "relative_strength": 21.263273, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 67.885271, "energy": 67.39598, "activity_lines": [ 86.952228, 86.394008, 85.091154, 81.588105 ] }, { "date": "2024-12-20", "close": 83.257965, "volume": 15731, "typical_volume": 10258.55, "trend": 76.738018, "fair_value": 62.686625, "relative_strength": 19.83582, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 53.663467, "energy": 55.118788, "activity_lines": [ 85.747804, 85.914173, 85.060145, 82.05672 ] }, { "date": "2024-12-27", "close": 83.444122, "volume": 1650, "typical_volume": 10071.35, "trend": 77.513276, "fair_value": 62.905125, "relative_strength": 18.411281, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 42.93248, "energy": 32.682391, "activity_lines": [ 84.745862, 85.495117, 85.019741, 82.489371 ] }, { "date": "2025-01-03", "close": 82.988548, "volume": 2504, "typical_volume": 10180.25, "trend": 78.258746, "fair_value": 63.114327, "relative_strength": 16.00852, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 29.989592, "energy": 32.138968, "activity_lines": [ 83.847772, 85.029829, 84.910024, 82.842615 ] }, { "date": "2025-01-10", "close": 81.945129, "volume": 24660, "typical_volume": 11351.3, "trend": 78.982091, "fair_value": 63.308459, "relative_strength": 13.588254, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -4.856461, "energy": 26.92859, "activity_lines": [ 82.964706, 84.399735, 84.68645, 83.080446 ] }, { "date": "2025-01-17", "close": 85.183159, "volume": 5936, "typical_volume": 11355.15, "trend": 79.782545, "fair_value": 63.53167, "relative_strength": 13.910594, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 16.877904, "energy": 20.808929, "activity_lines": [ 83.520544, 84.385204, 84.770705, 83.480515 ] }, { "date": "2025-01-24", "close": 86.251076, "volume": 12451, "typical_volume": 11954.6, "trend": 80.618271, "fair_value": 63.761159, "relative_strength": 14.725301, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 35.10939, "energy": 17.450124, "activity_lines": [ 84.482975, 84.591306, 84.940718, 83.897839 ] }, { "date": "2025-01-31", "close": 86.334343, "volume": 28582, "typical_volume": 13321.05, "trend": 81.503335, "fair_value": 63.986891, "relative_strength": 11.995234, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 49.827898, "energy": 31.924225, "activity_lines": [ 85.27362, 84.796427, 85.089486, 84.266618 ] }, { "date": "2025-02-07", "close": 85.153755, "volume": 18324, "typical_volume": 14190.05, "trend": 82.307027, "fair_value": 64.196464, "relative_strength": 9.630113, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.666029, "energy": 35.062235, "activity_lines": [ 85.478055, 84.804086, 85.105317, 84.502129 ] }, { "date": "2025-02-14", "close": 85.702408, "volume": 1727, "typical_volume": 14133.2, "trend": 83.126412, "fair_value": 64.407306, "relative_strength": 9.436002, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 41.030275, "energy": 34.753705, "activity_lines": [ 85.721027, 84.971085, 85.163311, 84.721186 ] }, { "date": "2025-02-21", "close": 85.71772, "volume": 2781, "typical_volume": 14249.75, "trend": 83.921647, "fair_value": 64.614204, "relative_strength": 9.869682, "stage": 2, "regime": "deceleration", "modifier": "Re-acceleration watch", "gate": "up", "direction": 40.954392, "energy": 30.984888, "activity_lines": [ 85.718617, 85.170617, 85.21827, 84.888367 ] }, { "date": "2025-02-28", "close": 84.302025, "volume": 6362, "typical_volume": 14490.85, "trend": 84.146318, "fair_value": 64.80351, "relative_strength": 5.820606, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 23.4631, "energy": 13.771721, "activity_lines": [ 85.208672, 85.116836, 85.12823, 84.912908 ] }, { "date": "2025-03-07", "close": 82.27681, "volume": 45998, "typical_volume": 16705.9, "trend": 84.288881, "fair_value": 64.969922, "relative_strength": 4.462283, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -27.843622, "energy": 18.613104, "activity_lines": [ 84.153592, 84.67585, 84.847395, 84.792294 ] }, { "date": "2025-03-14", "close": 81.092155, "volume": 160911, "typical_volume": 24535.8, "trend": 84.32706, "fair_value": 65.122019, "relative_strength": 3.172486, "stage": 3, "regime": "deceleration", "modifier": "Momentum cooling", "gate": "mixed", "direction": -47.825683, "energy": 49.518024, "activity_lines": [ 82.974129, 84.040697, 84.46888, 84.586054 ] }, { "date": "2025-03-21", "close": 82.021194, "volume": 133516, "typical_volume": 31125.35, "trend": 84.333472, "fair_value": 65.279955, "relative_strength": 3.810916, "stage": 3, "regime": "rotation_down", "modifier": "Supply rotation", "gate": "mixed", "direction": -38.898331, "energy": 61.280632, "activity_lines": [ 82.375119, 83.60894, 84.194398, 84.437288 ] }, { "date": "2025-03-28", "close": 81.559128, "volume": 41958, "typical_volume": 31184.55, "trend": 84.324319, "fair_value": 65.430688, "relative_strength": 2.748415, "stage": 3, "regime": "rotation_down", "modifier": "Structural failure", "gate": "down", "direction": -67.83026, "energy": 75.445137, "activity_lines": [ 81.867502, 83.091788, 83.882575, 84.258298 ] }, { "date": "2025-04-04", "close": 76.112686, "volume": 46933, "typical_volume": 31736.35, "trend": 84.190588, "fair_value": 65.528688, "relative_strength": 2.715773, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -92.891435, "energy": 89.001736, "activity_lines": [ 79.821643, 81.650265, 83.076232, 83.728516 ] }, { "date": "2025-04-11", "close": 75.046005, "volume": 93676, "typical_volume": 35308.35, "trend": 83.95782, "fair_value": 65.615209, "relative_strength": 2.053847, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -88.82159, "energy": 89.72671, "activity_lines": [ 77.96618, 80.199135, 82.212356, 83.138543 ] }, { "date": "2025-04-18", "close": 77.12529, "volume": 25579, "typical_volume": 35227.4, "trend": 83.760829, "fair_value": 65.718903, "relative_strength": 0.579362, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -69.791071, "energy": 84.38439, "activity_lines": [ 77.285865, 79.331299, 81.604764, 82.697734 ] }, { "date": "2025-04-25", "close": 79.062019, "volume": 28521, "typical_volume": 35888.75, "trend": 83.570936, "fair_value": 65.838038, "relative_strength": 0.994998, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -66.185412, "energy": 74.767206, "activity_lines": [ 77.515585, 78.961567, 81.235458, 82.394585 ] }, { "date": "2025-05-02", "close": 81.146225, "volume": 23092, "typical_volume": 36044.6, "trend": 83.489745, "fair_value": 65.973509, "relative_strength": 1.039713, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -60.617997, "energy": 47.574994, "activity_lines": [ 78.637318, 79.091517, 81.104061, 82.238152 ] }, { "date": "2025-05-09", "close": 81.814743, "volume": 70787, "typical_volume": 38797.4, "trend": 83.392261, "fair_value": 66.112467, "relative_strength": 1.903104, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -41.557003, "energy": 24.894646, "activity_lines": [ 80.009417, 79.426133, 81.059171, 82.130088 ] }, { "date": "2025-05-16", "close": 84.783745, "volume": 22113, "typical_volume": 39820.55, "trend": 83.369816, "fair_value": 66.274826, "relative_strength": 3.506323, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -8.68436, "energy": 19.734066, "activity_lines": [ 81.991047, 80.345791, 81.303915, 82.219861 ] }, { "date": "2025-05-23", "close": 82.45636, "volume": 22063, "typical_volume": 40798.5, "trend": 83.306415, "fair_value": 66.414322, "relative_strength": -0.154357, "stage": 3, "regime": "downward_expansion", "modifier": "Early contraction", "gate": "down", "direction": -20.755179, "energy": 25.772622, "activity_lines": [ 82.547699, 80.796708, 81.320625, 82.160928 ] }, { "date": "2025-05-30", "close": 83.571159, "volume": 20828, "typical_volume": 40606.9, "trend": 83.311427, "fair_value": 66.560962, "relative_strength": 0.109976, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "down", "direction": -11.71579, "energy": 22.872756, "activity_lines": [ 83.120545, 81.425511, 81.44604, 82.178008 ] }, { "date": "2025-06-06", "close": 84.582382, "volume": 23235, "typical_volume": 41471.85, "trend": 83.242878, "fair_value": 66.713686, "relative_strength": 0.12165, "stage": 3, "regime": "balance", "modifier": "Balance after decline", "gate": "mixed", "direction": 22.705665, "energy": 28.306111, "activity_lines": [ 83.729857, 82.209992, 81.660019, 82.260005 ] }, { "date": "2025-06-13", "close": 84.710625, "volume": 231164, "typical_volume": 52407.5, "trend": 83.221085, "fair_value": 66.86492, "relative_strength": -0.306929, "stage": 3, "regime": "rotation_up", "modifier": "Structural repair", "gate": "mixed", "direction": 22.807078, "energy": 30.954559, "activity_lines": [ 84.15284, 82.962822, 81.889073, 82.354699 ] }, { "date": "2025-06-20", "close": 84.419601, "volume": 48428, "typical_volume": 53399.8, "trend": 83.125746, "fair_value": 67.011209, "relative_strength": -0.228778, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 21.83132, "energy": 33.009409, "activity_lines": [ 84.285755, 83.506412, 82.097746, 82.432022 ] }, { "date": "2025-06-27", "close": 86.26445, "volume": 27057, "typical_volume": 53836.45, "trend": 83.053528, "fair_value": 67.170327, "relative_strength": 1.204855, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 31.711741, "energy": 43.031091, "activity_lines": [ 85.057897, 84.215, 82.491236, 82.634519 ] }, { "date": "2025-07-04", "close": 87.586433, "volume": 31025, "typical_volume": 55301.35, "trend": 83.06179, "fair_value": 67.337672, "relative_strength": 1.942002, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "mixed", "direction": 49.363995, "energy": 59.008175, "activity_lines": [ 86.016827, 84.997782, 83.00534, 82.926965 ] }, { "date": "2025-07-11", "close": 87.640709, "volume": 648914, "typical_volume": 87608.0, "trend": 83.118399, "fair_value": 67.502738, "relative_strength": 0.1808, "stage": 3, "regime": "rotation_up", "modifier": "Value reclamation", "gate": "up", "direction": 75.301392, "energy": 77.605695, "activity_lines": [ 86.726164, 85.635444, 83.515642, 83.222379 ] }, { "date": "2025-07-18", "close": 87.655502, "volume": 45621, "typical_volume": 89570.95, "trend": 83.264984, "fair_value": 67.66526, "relative_strength": -0.809966, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.658976, "energy": 80.153406, "activity_lines": [ 87.236543, 86.157713, 84.018196, 83.515095 ] }, { "date": "2025-07-25", "close": 88.898567, "volume": 9637, "typical_volume": 87752.9, "trend": 83.446798, "fair_value": 67.835126, "relative_strength": -1.258175, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 78.410201, "energy": 86.379634, "activity_lines": [ 87.964952, 86.799799, 84.623168, 83.878552 ] }, { "date": "2025-08-01", "close": 86.077019, "volume": 29184, "typical_volume": 81166.55, "trend": 83.549747, "fair_value": 67.979903, "relative_strength": -3.847774, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 64.125875, "energy": 69.412444, "activity_lines": [ 87.454248, 86.85406, 84.927889, 84.048244 ] }, { "date": "2025-08-08", "close": 87.127701, "volume": 26827, "typical_volume": 75832.1, "trend": 83.7225, "fair_value": 68.130673, "relative_strength": -2.9697, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 60.976694, "energy": 48.703726, "activity_lines": [ 87.306266, 87.033525, 85.308938, 84.27908 ] }, { "date": "2025-08-15", "close": 88.395416, "volume": 19671, "typical_volume": 74717.75, "trend": 83.829575, "fair_value": 68.288992, "relative_strength": -2.033455, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 69.799537, "energy": 51.861637, "activity_lines": [ 87.611438, 87.378819, 85.786404, 84.580558 ] }, { "date": "2025-08-22", "close": 90.238518, "volume": 34212, "typical_volume": 74081.7, "trend": 83.96249, "fair_value": 68.459143, "relative_strength": -1.921091, "stage": 3, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 80.694429, "energy": 59.689822, "activity_lines": [ 88.480664, 87.989895, 86.40685, 84.994038 ] }, { "date": "2025-08-29", "close": 89.54567, "volume": 7984, "typical_volume": 69797.1, "trend": 84.069534, "fair_value": 68.621347, "relative_strength": -1.249183, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 71.45261, "energy": 74.175131, "activity_lines": [ 88.946739, 88.374491, 86.894045, 85.354244 ] }, { "date": "2025-09-05", "close": 89.387299, "volume": 24792, "typical_volume": 69757.75, "trend": 84.210652, "fair_value": 68.779866, "relative_strength": -1.63109, "stage": 2, "regime": "upward_expansion", "modifier": "Early expansion", "gate": "up", "direction": 65.483847, "energy": 78.709492, "activity_lines": [ 89.316884, 88.637091, 87.297111, 85.697325 ] }, { "date": "2025-09-12", "close": 90.005913, "volume": 21794, "typical_volume": 69421.4, "trend": 84.354102, "fair_value": 68.940669, "relative_strength": -1.709525, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 70.497843, "energy": 80.4149, "activity_lines": [ 89.672548, 88.955387, 87.700702, 86.071213 ] }, { "date": "2025-09-19", "close": 89.743622, "volume": 54932, "typical_volume": 71013.4, "trend": 84.488299, "fair_value": 69.097082, "relative_strength": -1.21995, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 64.864711, "energy": 65.647169, "activity_lines": [ 89.748901, 89.182004, 88.027199, 86.418924 ] }, { "date": "2025-09-26", "close": 89.842598, "volume": 9460, "typical_volume": 67947.05, "trend": 84.672985, "fair_value": 69.2519, "relative_strength": -1.738532, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 65.333646, "energy": 57.26169, "activity_lines": [ 89.768366, 89.388381, 88.322183, 86.764363 ] }, { "date": "2025-10-03", "close": 91.540077, "volume": 17489, "typical_volume": 67715.85, "trend": 84.98176, "fair_value": 69.416997, "relative_strength": -1.974265, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 81.094341, "energy": 65.322297, "activity_lines": [ 90.380051, 89.863626, 88.740603, 87.207401 ] }, { "date": "2025-10-10", "close": 89.421944, "volume": 5982, "typical_volume": 66911.8, "trend": 85.25942, "fair_value": 69.564092, "relative_strength": -3.446935, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 61.678556, "energy": 52.362212, "activity_lines": [ 90.152732, 89.905727, 88.925123, 87.493864 ] }, { "date": "2025-10-17", "close": 89.421944, "volume": 185617, "typical_volume": 75151.25, "trend": 85.506112, "fair_value": 69.70904, "relative_strength": -2.567646, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 57.953337, "energy": 45.243688, "activity_lines": [ 89.923103, 89.887013, 89.076474, 87.762414 ] }, { "date": "2025-10-24", "close": 91.321236, "volume": 49084, "typical_volume": 76443.7, "trend": 85.831515, "fair_value": 69.86565, "relative_strength": -3.356309, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 71.81177, "energy": 52.004664, "activity_lines": [ 90.365503, 90.17191, 89.380849, 88.137584 ] }, { "date": "2025-10-31", "close": 89.614952, "volume": 4326, "typical_volume": 65101.8, "trend": 86.281591, "fair_value": 70.007732, "relative_strength": -5.68047, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 54.68809, "energy": 37.752225, "activity_lines": [ 90.133967, 90.093377, 89.490631, 88.381676 ] }, { "date": "2025-11-07", "close": 88.709297, "volume": 6629, "typical_volume": 63011.85, "trend": 86.737034, "fair_value": 70.141314, "relative_strength": -6.008645, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 39.709416, "energy": 26.539165, "activity_lines": [ 89.615722, 89.861518, 89.490806, 88.538302 ] }, { "date": "2025-11-14", "close": 89.822807, "volume": 17241, "typical_volume": 62521.05, "trend": 87.160284, "fair_value": 70.280899, "relative_strength": -4.734896, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 37.49988, "energy": 25.110633, "activity_lines": [ 89.657366, 89.847321, 89.576603, 88.737385 ] }, { "date": "2025-11-21", "close": 88.267174, "volume": 13423, "typical_volume": 61640.95, "trend": 87.467123, "fair_value": 70.407563, "relative_strength": -4.579924, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 18.80365, "energy": 15.561829, "activity_lines": [ 89.153742, 89.542364, 89.497299, 88.808797 ] }, { "date": "2025-11-28", "close": 91.524925, "volume": 19077, "typical_volume": 30149.1, "trend": 87.81308, "fair_value": 70.555237, "relative_strength": -2.656194, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 52.561203, "energy": 23.887254, "activity_lines": [ 89.813019, 89.861338, 89.725016, 89.07059 ] }, { "date": "2025-12-05", "close": 91.907318, "volume": 13293, "typical_volume": 28532.7, "trend": 88.149499, "fair_value": 70.703515, "relative_strength": -1.511816, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 65.498333, "energy": 39.606536, "activity_lines": [ 90.586182, 90.217451, 89.970655, 89.334735 ] }, { "date": "2025-12-12", "close": 92.523109, "volume": 6059, "typical_volume": 28353.8, "trend": 88.407478, "fair_value": 70.853995, "relative_strength": -0.515309, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.277436, "energy": 57.071895, "activity_lines": [ 91.411783, 90.647986, 90.254694, 89.616903 ] }, { "date": "2025-12-19", "close": 92.235077, "volume": 7925, "typical_volume": 27290.85, "trend": 88.733435, "fair_value": 71.000441, "relative_strength": -3.124793, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.546183, "energy": 68.385687, "activity_lines": [ 91.88712, 91.008278, 90.494041, 89.863845 ] }, { "date": "2025-12-26", "close": 92.547935, "volume": 1052, "typical_volume": 26002.1, "trend": 89.032661, "fair_value": 71.147023, "relative_strength": -2.364863, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.328546, "energy": 70.627021, "activity_lines": [ 92.305925, 91.374306, 90.733861, 90.109942 ] }, { "date": "2026-01-02", "close": 92.225143, "volume": 658, "typical_volume": 25051.45, "trend": 89.287419, "fair_value": 71.289442, "relative_strength": -3.33213, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 61.767769, "energy": 64.028485, "activity_lines": [ 92.331748, 91.624808, 90.917128, 90.315909 ] }, { "date": "2026-01-09", "close": 94.564171, "volume": 4382, "typical_volume": 23559.95, "trend": 89.615871, "fair_value": 71.445649, "relative_strength": -2.462673, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.423105, "energy": 71.469775, "activity_lines": [ 93.090566, 92.284153, 91.304922, 90.656344 ] }, { "date": "2026-01-16", "close": 95.482895, "volume": 14207, "typical_volume": 23871.1, "trend": 89.984647, "fair_value": 71.605897, "relative_strength": -2.445708, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 83.546943, "energy": 82.183031, "activity_lines": [ 93.978502, 93.020552, 91.759616, 91.034862 ] }, { "date": "2026-01-23", "close": 95.219688, "volume": 9388, "typical_volume": 23100.9, "trend": 90.283155, "fair_value": 71.76228, "relative_strength": -1.683553, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 74.779137, "energy": 81.74832, "activity_lines": [ 94.581384, 93.58594, 92.16097, 91.372606 ] }, { "date": "2026-01-30", "close": 94.454918, "volume": 22517, "typical_volume": 23137.05, "trend": 90.512105, "fair_value": 71.911573, "relative_strength": -3.097906, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 65.205233, "energy": 80.040957, "activity_lines": [ 94.730367, 93.914154, 92.461715, 91.641752 ] }, { "date": "2026-02-06", "close": 96.396652, "volume": 47940, "typical_volume": 22787.45, "trend": 90.80397, "fair_value": 72.071607, "relative_strength": -2.404372, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.200347, "energy": 83.780658, "activity_lines": [ 95.399464, 94.482905, 92.926202, 92.021401 ] }, { "date": "2026-02-13", "close": 97.320343, "volume": 28025, "typical_volume": 23715.7, "trend": 91.126131, "fair_value": 72.235559, "relative_strength": -2.093244, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 81.960178, "energy": 82.993357, "activity_lines": [ 96.098357, 95.131024, 93.446978, 92.441812 ] }, { "date": "2026-02-20", "close": 97.278053, "volume": 3522, "typical_volume": 23017.35, "trend": 91.405447, "fair_value": 72.397124, "relative_strength": -4.183951, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.725553, "energy": 84.180792, "activity_lines": [ 96.599408, 95.673035, 93.928119, 92.83871 ] }, { "date": "2026-02-27", "close": 97.811157, "volume": 10061, "typical_volume": 23221.3, "trend": 91.796585, "fair_value": 72.560034, "relative_strength": -5.51853, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.189919, "energy": 89.607879, "activity_lines": [ 97.158483, 96.22552, 94.432707, 93.251982 ] }, { "date": "2026-03-06", "close": 94.816833, "volume": 4350, "typical_volume": 14157.95, "trend": 92.052889, "fair_value": 72.756513, "relative_strength": -2.786792, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 64.606225, "energy": 62.512422, "activity_lines": [ 96.546686, 96.1322, 94.612173, 93.446836 ] }, { "date": "2026-03-13", "close": 92.928566, "volume": 9889, "typical_volume": 12198.2, "trend": 92.203994, "fair_value": 72.948016, "relative_strength": -4.438208, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 38.15697, "energy": 34.361992, "activity_lines": [ 95.281339, 95.654305, 94.586114, 93.503332 ] }, { "date": "2026-03-20", "close": 91.82251, "volume": 1254, "typical_volume": 12044.6, "trend": 92.256794, "fair_value": 73.206127, "relative_strength": -2.265932, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 8.489418, "energy": 20.53564, "activity_lines": [ 93.878512, 94.96252, 94.447063, 93.47872 ] }, { "date": "2026-03-27", "close": 91.304359, "volume": 24741, "typical_volume": 12950.2, "trend": 92.315417, "fair_value": 73.449019, "relative_strength": -3.245337, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": -12.680003, "energy": 31.810846, "activity_lines": [ 92.66949, 94.226375, 94.248151, 93.417272 ] }, { "date": "2026-04-03", "close": 92.78907, "volume": 34476, "typical_volume": 13811.95, "trend": 92.42881, "fair_value": 73.70648, "relative_strength": -5.983256, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "mixed", "direction": -18.562895, "energy": 34.88217, "activity_lines": [ 92.353619, 93.836149, 94.178284, 93.44783 ] }, { "date": "2026-04-10", "close": 94.836761, "volume": 7211, "typical_volume": 13501.35, "trend": 92.589838, "fair_value": 73.972137, "relative_strength": -5.305163, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 10.748477, "energy": 23.729712, "activity_lines": [ 93.055117, 93.862425, 94.289309, 93.603182 ] }, { "date": "2026-04-17", "close": 97.6866, "volume": 22161, "typical_volume": 13655.55, "trend": 92.854604, "fair_value": 74.256003, "relative_strength": -3.041116, "stage": 3, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 53.949633, "energy": 25.367389, "activity_lines": [ 94.705232, 94.39991, 94.640464, 93.932006 ] }, { "date": "2026-04-24", "close": 97.053856, "volume": 984, "typical_volume": 13040.1, "trend": 93.094979, "fair_value": 74.539584, "relative_strength": -0.982611, "stage": 2, "regime": "deceleration", "modifier": "Recompressing", "gate": "up", "direction": 55.90138, "energy": 42.744468, "activity_lines": [ 95.827231, 94.798898, 94.902016, 94.202925 ] }, { "date": "2026-05-01", "close": 97.890869, "volume": 1324, "typical_volume": 12803.35, "trend": 93.306672, "fair_value": 74.835317, "relative_strength": 0.016619, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.792724, "energy": 64.558777, "activity_lines": [ 96.879477, 95.354914, 95.218776, 94.512337 ] }, { "date": "2026-05-08", "close": 98.105103, "volume": 16637, "typical_volume": 13238.95, "trend": 93.596111, "fair_value": 75.131023, "relative_strength": 1.511885, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 70.264554, "energy": 76.733565, "activity_lines": [ 97.564035, 95.938741, 95.530379, 94.821913 ] }, { "date": "2026-05-15", "close": 97.078766, "volume": 5149, "typical_volume": 13443.8, "trend": 93.851338, "fair_value": 75.416225, "relative_strength": 0.870781, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 63.02243, "energy": 72.40904, "activity_lines": [ 97.552077, 96.330616, 95.716283, 95.046601 ] }, { "date": "2026-05-22", "close": 99.165001, "volume": 4465, "typical_volume": 13634.15, "trend": 94.112797, "fair_value": 75.716809, "relative_strength": 0.368181, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 75.150526, "energy": 72.693369, "activity_lines": [ 98.086065, 97.060681, 96.079301, 95.389418 ] }, { "date": "2026-05-29", "close": 100.519997, "volume": 8050, "typical_volume": 13817.55, "trend": 94.476298, "fair_value": 76.023005, "relative_strength": 2.269616, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 80.796241, "energy": 74.68969, "activity_lines": [ 98.973157, 97.923718, 96.538319, 95.802786 ] }, { "date": "2026-06-05", "close": 100.75, "volume": 715, "typical_volume": 13142.95, "trend": 94.877655, "fair_value": 76.329763, "relative_strength": 2.880168, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 78.045768, "energy": 78.787761, "activity_lines": [ 99.705842, 98.670439, 96.990881, 96.207541 ] }, { "date": "2026-06-12", "close": 101.949997, "volume": 1526, "typical_volume": 12749.85, "trend": 95.281895, "fair_value": 76.641718, "relative_strength": 3.04105, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.698185, "energy": 90.018028, "activity_lines": [ 100.647916, 99.463601, 97.532647, 96.663821 ] }, { "date": "2026-06-19", "close": 101.120003, "volume": 51, "typical_volume": 11626.55, "trend": 95.710323, "fair_value": 76.952947, "relative_strength": 3.242483, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 68.373002, "energy": 86.654955, "activity_lines": [ 101.057, 99.939294, 97.963316, 97.040473 ] }, { "date": "2026-06-26", "close": 102.669998, "volume": 50, "typical_volume": 9232.05, "trend": 96.081825, "fair_value": 77.264132, "relative_strength": 3.388538, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 82.164245, "energy": 91.611314, "activity_lines": [ 101.713333, 100.582562, 98.509866, 97.489484 ] }, { "date": "2026-07-03", "close": 103.730003, "volume": 26, "typical_volume": 7832.1, "trend": 96.475914, "fair_value": 77.586493, "relative_strength": 2.828054, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 85.984603, "energy": 93.27458, "activity_lines": [ 102.489334, 101.327952, 99.127496, 97.982915 ] }, { "date": "2026-07-10", "close": 103.410004, "volume": 957, "typical_volume": 7703.85, "trend": 96.838811, "fair_value": 77.907321, "relative_strength": 4.274798, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 76.479366, "energy": 89.139114, "activity_lines": [ 102.944669, 101.893776, 99.684127, 98.430276 ] }, { "date": "2026-07-17", "close": 103.5, "volume": 455, "typical_volume": 7223.55, "trend": 97.214308, "fair_value": 78.216007, "relative_strength": 3.347169, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 73.902829, "energy": 89.210546, "activity_lines": [ 103.252668, 102.375615, 100.22013, 98.86003 ] }, { "date": "2026-07-24", "close": 103.449997, "volume": 2295, "typical_volume": 7120.8, "trend": 97.57771, "fair_value": 78.524341, "relative_strength": 2.013852, "stage": 2, "regime": "upward_expansion", "modifier": "Re-accelerating", "gate": "up", "direction": 69.363627, "energy": 83.049027, "activity_lines": [ 103.440667, 102.750273, 100.72428, 99.262332 ] }, { "date": "2026-07-31", "close": 103.360001, "volume": 2729, "typical_volume": 6762.8, "trend": 97.948872, "fair_value": 78.833743, "relative_strength": 0.684282, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 66.867902, "energy": 65.049348, "activity_lines": [ 103.443334, 102.992728, 101.17875, 99.635383 ] }, { "date": "2026-08-07", "close": 106.129997, "volume": 87370, "typical_volume": 11068.6, "trend": 98.3344, "fair_value": 79.162695, "relative_strength": 3.036734, "stage": 2, "regime": "upward_expansion", "modifier": "Established expansion", "gate": "up", "direction": 89.14563, "energy": 73.218351, "activity_lines": [ 104.323332, 103.662545, 101.847355, 100.163198 ] } ], "method": { "price_basis": "completed market observations", "trend": "Trend provides the primary directional reference.", "fair_value": "Fair Value provides long-term price context and is not a forecast or target.", "relative_strength": "Relative Strength shows leadership or lagging performance against the market benchmark.", "classification": "The SM framework combines Trend, Activity, Fair Value, Relative Strength and participation into a structural read." } } }